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Full Description
Foreign Direct Investment and the Chinese Economy provides a comprehensive overview of the impact of foreign direct investment, with extensive empirical evidence, on the Chinese economy over the last three and a half decades.
Chunlai Chen presents a compelling and thorough analysis of the leading theoretical explanations of the impact of FDI through a series of rigorous and in-depth empirical investigations on China's regional economic growth, urban-rural income inequality and urbanization development. These case studies show that despite FDI's contribution to economic growth, reduction of income inequality and the rise in urbanization, there is further evidence of uneven regional distribution of FDI inflow. This has negatively affected economic growth, exacerbated income inequality and impeded urbanization of inland China. The book concludes by demonstrating that these findings have important policy implications, not only for China, but also for other developing countries influenced by the implementation of FDI policies.
This work of highly focused theoretical analysis is an invaluable resource for scholars and students of economics as well as policy-makers who are interested in the Chinese economy.
Contents
Contents: 1. Introduction PART I IMPACTS ON REGIONAL ECONOMIC GROWTH 2. Regional characteristics and the impacts of foreign direct investment on China's regional economic growth 3. The interregional impacts of foreign direct investment on China's inland economic growth PART II IMPACTS ON INCOME INEQUALITY 4. The impacts of foreign direct investment on urban-rural income inequality in China 5. The interregional impacts of foreign direct investment on China's inland urban-rural income inequality PART III IMPACTS ON URBANIZATION DEVELOPMENT 6. The impacts of foreign direct investment on urbanization development in China 7. Conclusion and policy implications Index
